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Stock impact report

Air Liquide Accelerates Its Large Scale Renewable Hydrogen Production Flagship Project in France

L'AIR LIQUIDE SA UNSP/ADR (AIQUY) 
NASDAQ:AMEX Investor Relations: airliquide.com/investors
Company Research Source: Business Wire
PARIS--(BUSINESS WIRE)--Regulatory News:Air Liquide (Paris:AI) increased to 100% its total stake in H2V Normandy, of which it previously held 40%. Renamed Air Liquide Normand’Hy, this company aims to build a large-scale electrolyzer of at least 200 MW for the production of renewable hydrogen in France. This strategic investment will support the development of a low-carbon hydrogen ecosystem in the Normandy industrial basin.Located in the industrial zone of Port-Jérôme, the large-scale Proton-Exchange Membrane (PEM) electrolyzer project of Air Liquide Normand’Hy would supply renewable hydrogen for industrial and heavy mobility applications. This project, which is planned to be commissioned in 2025, will allow to avoid the emission of more than 250,000 tonnes of CO2 per year.Air Liquide will connect the electrolyzer to its hydrogen pipeline network in Normandy, which would contribute to the development of the world’s first low-carbon hydrogen network. The Air Liquide Normand’Hy proj Show less Read more
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